Inflation Rate in European Union decreased to 2 percent in January from 2.30 percent in December of 2025. Inflation Rate in European Union averaged 2.32 percent from 1997 until 2026, reaching an all time high of 11.50 percent in October of 2022 and a record low of -0.60 percent in January of 2015. source: EUROSTAT

Inflation Rate in European Union is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Inflation Rate is projected to trend around 2.10 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 100.38 100.73 points Jan 2026
Core Consumer Prices 100.07 100.94 points Jan 2026
Core Inflation Rate 2.40 2.50 percent Jan 2026
CPI Housing Utilities 101.36 100.70 points Jan 2026
CPI Transportation 99.72 100.50 points Jan 2026
Food Inflation 2.90 2.80 percent Jan 2026
GDP Deflator 123.49 122.23 points Dec 2025
Inflation Rate 2.00 2.30 percent Jan 2026
Inflation Rate MoM -0.40 0.10 percent Jan 2026
Producer Prices 127.30 126.30 points Jan 2026
Producer Prices Change -1.90 -1.90 percent Jan 2026


European Union Inflation Rate
In the European Union, the inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates. The main components of the HICP are: Food and non-alcoholic beverages (17% of the total weight); Housing, water, electricity, gas and other fuels (15%); Transport (15%); Miscellaneous goods and services (10%); Restaurants and hotels (10%); and Recreation and culture (9%). Other categories include Furnishings, household equipment and routine household maintenance (7%); Health (5%); Clothing and footwear (5%). Alcoholic beverages, tobacco and narcotics, Communications and Education account for the remaining 8%. The HICP aggregates are computed as the weighted average of each country’s HICP components. The weight of a country is its share of household final monetary consumption expenditure in the total of the country’s group. The local HICPs are supplied to the Eurostat by the National Statistical Institutes.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.30 11.50 -0.60 1997 - 2026 percent Monthly